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Legal & General
(LSE:LGEN)
Legal & General (LGEN) vs. iShares MSCI United Kingdom ETF (EWC)
Legal & General Business Overview & Revenue Model
Legal & General Financial Statement Overview
| Breakdown | TTM | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 7.78B | 12.96B | 11.07B | 10.19B | 9.29B | 9.28B |
| Gross Profit | 5.68B | 12.59B | 10.72B | 9.90B | 8.99B | 8.98B |
| EBITDA | 845.00M | 704.00M | 423.00M | 1.26B | 2.92B | 1.50B |
| Net Income | 116.00M | 191.00M | 457.00M | 783.00M | 2.05B | 1.61B |
Balance Sheet | ||||||
| Total Assets | 557.02B | 544.17B | 522.10B | 506.32B | 575.46B | 563.63B |
| Cash, Cash Equivalents and Short-Term Investments | 0.00 | 18.58B | 22.54B | 36.26B | 16.49B | 43.29B |
| Total Debt | 4.71B | 7.70B | 6.12B | 5.48B | 5.39B | 5.84B |
| Total Liabilities | 554.60B | 540.66B | 517.31B | 494.18B | 564.51B | 553.66B |
| Stockholders Equity | 2.41B | 3.55B | 4.83B | 5.56B | 10.98B | 10.00B |
Cash Flow | ||||||
| Free Cash Flow | -1.22B | -4.54B | -14.48B | 20.28B | -374.00M | 4.14B |
| Operating Cash Flow | -1.13B | -4.45B | -14.24B | 20.46B | -169.00M | 4.30B |
| Investing Cash Flow | 285.00M | 239.00M | -422.00M | -226.00M | 133.00M | -457.00M |
| Financing Cash Flow | -1.35B | 331.00M | -556.00M | -1.03B | -1.50B | -29.00M |
Legal & General Technical Analysis
Legal & General Risk Analysis
Legal & General Peers Comparison
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
78 Outperform | £3.90B | 12.24 | 6.50% | 7.21% | -7.11% | 0.45% | |
77 Outperform | £7.15B | 20.01 | 8.30% | 5.37% | 4.78% | -4.86% | |
76 Outperform | £2.29B | 36.10 | 4.75% | 4.91% | 14.05% | -3.07% | |
68 Neutral | $18.00B | 11.42 | 9.92% | 3.81% | 9.73% | 1.22% | |
66 Neutral | $2.63B | -2,163.33 | -0.05% | 3.40% | -28.04% | -102.43% | |
61 Neutral | £15.30B | 67.59 | 6.81% | 8.29% | -38.98% | -31.14% | |
61 Neutral | £7.36B | -126.06 | -1.53% | 7.09% | 9.86% | -134.41% |
Legal & General Corporate Events
Legal & General Group Plc has disclosed that several senior executives and persons discharging managerial responsibilities, including the Group Chief Risk Officer, Group General Counsel, Group Chief Financial Officer, Group Chief Operating Officer and other designated PDMRs, have purchased small volumes of ordinary shares under the company’s Employee Share Plan. The transactions, executed on 2 February 2026 on the London Stock Exchange at a price of £2.67 per share, demonstrate ongoing executive participation in the group’s share ownership scheme and provide transparent reporting of insider dealings in line with UK Market Abuse Regulation requirements.
The most recent analyst rating on (GB:LGEN) stock is a Sell with a £254.00 price target. To see the full list of analyst forecasts on Legal & General stock, see the GB:LGEN Stock Forecast page.
Legal & General Group Plc has disclosed share purchases by three non-executive directors, Mark Jordy, Ric Lewis and Laura Wade-Gery, who acquired ordinary shares in the company on 2 February 2026 under the terms of their appointments. The transactions, conducted on the London Stock Exchange, involve relatively small volumes but underscore ongoing alignment between the board’s interests and those of shareholders through direct equity holdings.
The most recent analyst rating on (GB:LGEN) stock is a Sell with a £252.00 price target. To see the full list of analyst forecasts on Legal & General stock, see the GB:LGEN Stock Forecast page.
Legal & General Group Plc has reported that, as of 30 January 2026, its issued share capital comprises 5,697,679,784 ordinary shares of 2.5 pence each, all of which carry voting rights, and that it holds no shares in treasury. The company confirmed that the total number of voting rights stands at 5,697,679,784, a figure shareholders should use as the reference denominator for calculating thresholds for disclosure of holdings under the FCA’s Disclosure Guidance and Transparency Rules, reinforcing transparency around significant shareholdings and corporate governance compliance.
The most recent analyst rating on (GB:LGEN) stock is a Sell with a £252.00 price target. To see the full list of analyst forecasts on Legal & General stock, see the GB:LGEN Stock Forecast page.
Legal & General Group Plc has disclosed a transaction by its chair, Sir John Kingman, in line with UK Market Abuse Regulation requirements. Kingman purchased 620 ordinary shares in the company at a price of £2.649576 per share through an Individual Savings Account (ISA) on 2 February 2026, with the trade executed on the London Stock Exchange. The notification underscores ongoing adherence to transparency and governance standards around dealings by directors and senior managers, providing shareholders and the market with visibility over changes in leadership shareholdings.
The most recent analyst rating on (GB:LGEN) stock is a Sell with a £252.00 price target. To see the full list of analyst forecasts on Legal & General stock, see the GB:LGEN Stock Forecast page.
Legal & General Group has completed the sale of its US insurance entity, which includes its US protection and US pension risk transfer businesses, to Japan’s Meiji Yasuda Life Insurance for an equity value of $2.3 billion in cash, while simultaneously establishing a long-term strategic partnership to jointly grow their US pension risk transfer offering via Banner Life. The deal generates £1.2 billion of Solvency II capital and an expected IFRS profit of more than £1.3 billion, and L&G plans to return an additional £1 billion of the proceeds to investors through an expanded 2026 share buyback of £1.2 billion, while Meiji Yasuda will take a 5% economic interest in L&G, strengthening the balance sheet, lifting solvency coverage, and positioning both firms to capitalise on a US pension risk transfer market exceeding $40 billion in annual volumes.
The most recent analyst rating on (GB:LGEN) stock is a Sell with a £252.00 price target. To see the full list of analyst forecasts on Legal & General stock, see the GB:LGEN Stock Forecast page.
Legal & General has disclosed that Laura Mason, CEO of Retail and a person discharging managerial responsibilities, has exercised nil-cost options granted under the company’s 2014 Performance Share Plan from awards made in 2019 and 2020. On 5 January 2026 she exercised options over a total of 419,472 shares, selling 201,640 shares at £2.621979 to cover tax and dealing costs and retaining 217,832 shares, with the transactions carried out on the London Stock Exchange; the announcement reflects standard UK MAR transparency obligations around executive incentive awards and share dealings.
The most recent analyst rating on (GB:LGEN) stock is a Buy with a £3.40 price target. To see the full list of analyst forecasts on Legal & General stock, see the GB:LGEN Stock Forecast page.
Legal & General Group Plc has disclosed that several senior executives, including the Group Chief Risk Officer, Group General Counsel and Company Secretary, Group Chief Financial Officer, Group Chief Operating Officer, and the CEO of Legal & General Institutional Retirement, have purchased ordinary shares in the company through the Legal & General Group Plc Employee Share Plan. The transactions, executed on 2 January 2026 on the London Stock Exchange at a price of £2.64 per share for relatively small volumes, form part of routine employee share participation and are reported in line with UK Market Abuse Regulation requirements, underscoring ongoing executive alignment with shareholder interests and regulatory transparency.
The most recent analyst rating on (GB:LGEN) stock is a Buy with a £3.40 price target. To see the full list of analyst forecasts on Legal & General stock, see the GB:LGEN Stock Forecast page.
Legal & General has confirmed the vesting of part of a one-off recruitment-related share award granted to Group Chief Executive Officer António Simões, compensating him for incentive awards forfeited on leaving his previous employer. Under a plan structured on terms equivalent to the company’s Share Bonus Plan, 85,256 shares from a larger conditional award of 1,229,642 shares vested on 31 December 2025, with dividend equivalents delivered as additional shares, and 47,433 of the resulting 100,647 shares sold to cover tax and national insurance obligations while 53,214 shares were retained; the transaction, carried out on the London Stock Exchange at £2.616789 per share for the sale portion, is disclosed under UK Market Abuse Regulation and underscores the group’s adherence to best practice governance in executive remuneration.
The most recent analyst rating on (GB:LGEN) stock is a Buy with a £3.40 price target. To see the full list of analyst forecasts on Legal & General stock, see the GB:LGEN Stock Forecast page.
Legal & General Group Plc has reported that, as at 31 December 2025, its issued share capital comprised 5,697,611,241 ordinary shares of 2.5 pence each, all carrying voting rights, and that it held no shares in treasury, resulting in a total of 5,697,611,241 voting rights. The company noted that this figure should be used by shareholders as the denominator when assessing whether they must disclose any holdings or changes in their interests under the FCA’s Disclosure Guidance and Transparency Rules, underpinning ongoing transparency in the ownership structure and regulatory compliance for investors.
The most recent analyst rating on (GB:LGEN) stock is a Buy with a £3.40 price target. To see the full list of analyst forecasts on Legal & General stock, see the GB:LGEN Stock Forecast page.
Legal & General Group has disclosed that its chair, Sir John Kingman, purchased 628 ordinary shares in the company on 2 January 2026 via an individual savings account (ISA) at a price of £2.6182 per share on the London Stock Exchange. The transaction, reported under UK Market Abuse Regulation requirements for persons discharging managerial responsibilities, signals ongoing insider investment in the group’s equity and provides shareholders with additional transparency around board-level dealings in Legal & General stock.
The most recent analyst rating on (GB:LGEN) stock is a Buy with a £3.40 price target. To see the full list of analyst forecasts on Legal & General stock, see the GB:LGEN Stock Forecast page.
Legal & General has disclosed that non-executive directors Mark Jordy, Ric Lewis and Laura Wade-Gery have purchased ordinary shares in the company on 2 January 2026 under the terms of their appointments, at a price of £2.614 per share, with respective volumes of 1,006, 868 and 957 shares, on the London Stock Exchange. The transactions, reported under UK Market Abuse Regulation as dealings by persons discharging managerial responsibilities, underline ongoing board-level alignment with shareholder interests through direct equity ownership and contribute to transparency in the company’s corporate governance practices.
The most recent analyst rating on (GB:LGEN) stock is a Buy with a £3.40 price target. To see the full list of analyst forecasts on Legal & General stock, see the GB:LGEN Stock Forecast page.
Legal & General Group Plc will redeem the remaining £12.7 million of its £600 million Fixed Rate Reset Subordinated Notes due 2064 on 2 February 2026 at the special redemption price, including accrued interest, following the earlier repurchase and cancellation of £587.3 million of the notes via a tender offer completed in September 2025. After this final redemption, no notes under this issue will remain outstanding, and their listing on the FCA’s Official List and admission to trading on the London Stock Exchange’s Main Market will be cancelled, simplifying the group’s capital structure and removing this instrument from its listed debt portfolio.
The most recent analyst rating on (GB:LGEN) stock is a Buy with a £3.40 price target. To see the full list of analyst forecasts on Legal & General stock, see the GB:LGEN Stock Forecast page.
Legal & General Group Plc has announced that Nilufer Kheraj has been appointed as a non-executive director of Games Workshop Group Plc, effective 1 January 2026, in accordance with regulatory disclosure requirements. The move highlights the continued external board responsibilities of senior figures associated with L&G, underlining the group’s wider influence across UK corporates and potentially deepening governance and strategic links between the financial services and leisure sectors.
The most recent analyst rating on (GB:LGEN) stock is a Buy with a £3.40 price target. To see the full list of analyst forecasts on Legal & General stock, see the GB:LGEN Stock Forecast page.
Legal & General Group Plc announced the purchase of shares by several key executives under the company’s Employee Share Plan. This transaction, conducted on December 1, 2025, at the London Stock Exchange, involves notable figures such as the Group Chief Financial Officer and the Group Chief Risk Officer, indicating a continued commitment to aligning management interests with shareholder value.
The most recent analyst rating on (GB:LGEN) stock is a Buy with a £3.30 price target. To see the full list of analyst forecasts on Legal & General stock, see the GB:LGEN Stock Forecast page.
Legal & General Group Plc announced a transaction involving the purchase of shares by three of its Non-Executive Directors, Mark Jordy, Ric Lewis, and Laura Wade-Gery. The shares were acquired under their Terms of Appointment at a price of £2.444 per share, with transactions conducted on the London Stock Exchange. This move reflects the directors’ confidence in the company’s future prospects and could potentially influence stakeholder perceptions positively.
The most recent analyst rating on (GB:LGEN) stock is a Buy with a £3.30 price target. To see the full list of analyst forecasts on Legal & General stock, see the GB:LGEN Stock Forecast page.
Legal & General Group Plc announced its total voting rights as of November 28, 2025, in compliance with the FCA Disclosure Guidance and Transparency Rules. The company reported a capital consisting of 5,697,344,679 ordinary shares, each with voting rights, and no shares held in treasury. This figure serves as a denominator for shareholders to determine their interest or changes in interest in the company, reflecting Legal & General’s commitment to transparency and regulatory compliance.
The most recent analyst rating on (GB:LGEN) stock is a Buy with a £3.30 price target. To see the full list of analyst forecasts on Legal & General stock, see the GB:LGEN Stock Forecast page.
Legal & General Group Plc announced a transaction involving its Chair, Sir John Kingman, who purchased ordinary shares into an ISA. This transaction, conducted on the London Stock Exchange, reflects the company’s adherence to UK Market Abuse Regulation, ensuring transparency and compliance in its operations.
The most recent analyst rating on (GB:LGEN) stock is a Buy with a £3.30 price target. To see the full list of analyst forecasts on Legal & General stock, see the GB:LGEN Stock Forecast page.
Legal & General Group Plc announced a share transfer involving its Group Chief Executive Officer, António Simões, who transferred 313,947 ordinary shares to his spouse, Tomas de Zarate, at no cost. This transaction does not affect Simões’ aggregate beneficial shareholding in the company, maintaining alignment with shareholder interests. The notification complies with the UK Market Abuse Regulation, ensuring transparency in the company’s executive transactions.
The most recent analyst rating on (GB:LGEN) stock is a Buy with a £3.30 price target. To see the full list of analyst forecasts on Legal & General stock, see the GB:LGEN Stock Forecast page.
Legal & General Group Plc announced the purchase of shares by several key executives under the company’s Employee Share Plan. This transaction, involving the Group Chief Financial Officer, Group Chief Risk Officer, Group General Counsel, CEO of Institutional Retirement, and Group Chief Operating Officer, reflects a strategic move to align the interests of management with those of shareholders, potentially impacting the company’s market perception and stakeholder confidence.
The most recent analyst rating on (GB:LGEN) stock is a Sell with a £210.00 price target. To see the full list of analyst forecasts on Legal & General stock, see the GB:LGEN Stock Forecast page.